Stock Analysis
- Japan
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- Basic Materials
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- TSE:5269
Nippon Concrete Industries Full Year 2024 Earnings: Misses Expectations
Nippon Concrete Industries (TSE:5269) Full Year 2024 Results
Key Financial Results
- Revenue: JP¥53.7b (up 1.3% from FY 2023).
- Net income: JP¥614.0m (up from JP¥439.0m loss in FY 2023).
- Profit margin: 1.1% (up from net loss in FY 2023).
- EPS: JP¥11.31 (up from JP¥8.07 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Nippon Concrete Industries Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 2.5%. Earnings per share (EPS) also missed analyst estimates by 53%.
Looking ahead, revenue is forecast to grow 4.3% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Basic Materials industry in Japan.
Performance of the Japanese Basic Materials industry.
The company's shares are down 6.2% from a week ago.
Risk Analysis
We should say that we've discovered 1 warning sign for Nippon Concrete Industries that you should be aware of before investing here.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About TSE:5269
Nippon Concrete Industries
Produces, constructs, and distributes precast concrete products.
Excellent balance sheet established dividend payer.